Investors dump SCF bonds; concern over non-bank regulations
Investors dumped South Canterbury Finance bonds yesterday as the finance company warned further credit rating downgrades could affect its ability to comply with looming new non-bank regulations.Trading was especially heavy in South Canterbury's 2012 bonds
Duncan Bridgeman Thu, 24 Jun 2010
Investors dumped South Canterbury Finance bonds yesterday as the finance company warned further credit rating downgrades could affect its ability to comply with looming new non-bank regulations.
Trading was especially heavy in South Canterbury’s 2012 bonds, which are covered by the government’s
